Tuesday, November 20, 2012

Morning Real Estate Fix


The real estate deal that could change everything (Atlantic Cities)  The crowd funding experiment of the Miller brothers' H Street restaurant project has the potential to radically change the way buildings are funded.  Could local funding, like eating local, become the new it thing?  This was once the way cities were built.

Douglas gets loan for Wonder Bread building (Globe St)  Douglas scores a $21.3 million loan for redevelopment of the beloved building.

Small units may get smaller.  Much.  (Atlantic Cities)  Municipal approaches to small units are getting much more favorable to smaller units, and people are buying them.

Washington D.C. comes in 2nd in commercial real estate gains (Boston Biz Journal)  Boston leads the nation in recovery in the commercial real estate market, while DC takes 2nd place, ahead of New York City.

October sales up, nationally (RealEstateRama)  Existing home sales picked up in October, as did prices, as inventory continues to fall.

What will become of DC's closed schools? (Washington Post)  Fenty's closure of 20 schools in the last round were sold off to developers - a process that is just starting to take root - while the Gray administration wants to hold on to the closed buildings.

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